Unless someone is setting out to be a professional author (very hard), nobody should write a book to make money.

When I set out to write Broken Money, it was because I *had* to, not because I wanted to. Spending a thousand hours on something that I get a profit of $5/copy for is not my best use of time.

Any time I spent on my research business revenue generation content, or leaning harder into my venture capital partnerships, would have been better on an hourly ROI basis. I have to sell 40 books to equal each newsletter subscription on my website; clearly the latter is better financially.

Almost regardless of how many copies I sell, it's a bad ROI for me. I'm overworked and the fact that I wrote a book while maintaining my existing business stressed my relationship and social life. And further, I am reinvesting most of my initial profits; the first 1,000 copy profits go to the Human Rights Foundation Bitcoin Development Fund, and the next 4,000 copy profits will go towards making a video about money and why it's broken.

And all of it was worth it. When a creator has something in their head, it's painful until they get it out into the world. I wrote this for bad ROI but because I wanted it to be out there for people to read, period.

Will I make a profit? Yes. But at a much lower hourly rate than I make on other work I do. It's a negative profit compared to having reinvested that thousand hours into my other existing work. But I consider it to be more important, which is why I spent the time.

I wrote Broken Money because I had to. The book concept formed in my head after many years of writing and research regarding money, and it would have been increasingly distracting to *not* write it. I didn't realistically have a choice. I felt compelled to write it. Part of it was altruistic; I wanted people to learn from my total monetary framework thoughts over five years of research. Part of it was egotistical; I wanted to timestamp something in the world, in physical form, and put it out there. Maybe it's the low time preference part of me; I'd like something of me to be mentionable to people in the distant future who look back at this time.

My background has been a blend of engineering and finance, with both ironically pointed toward bitcoin.

New pilot program launched by the BIS, Eurosystem, De Nederlandsche Bank and Deutsche Bundesbank last week: Project Atlas.

A kind of chainalysis to monitor Bitcoin payments. At the moment they exclude coinjoin because they don't know how to deal with it.

Without privacy there is no freedom, privacy must be a priority in the development of bitcoin.

📰📰📰 #BTC #News #Alert 📰📰📰

Kevin O'Leary Laughs at Idea That Institutional Investors Want Bitcoin - Markets Insider

📰📰📰 #BTC #News #Alert 📰📰📰

Did Bitcoin leak from an American spy lab? - The Economist

📰📰📰 #BTC #News #Alert 📰📰📰

Protocol Village: Babylon Unveils Bitcoin Staking Protocol for Cosmos Ecosystem - Yahoo Finance

📰📰📰 #BTC #News #Alert 📰📰📰

PoS Revolution: Babylon Launches Bitcoin Staking MVP at ... - The Cryptonomist